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Our Transformation

Delivering results to your home and the nation’s housing markets.

Strength in Stability

Serving our mission, delivering results.

Since 1970, we've made
home possible nearly
80 million times

A Stronger Company

Over the past year…

We provided $495 billion in funding to the mortgage market

We made home possible for 2.5 million households

We served 865 regional and community lenders across the country

David Brickman

“As we look to the future, we are squarely focused on serving our mission and meeting the milestones necessary to move the company forward.”

– David Brickman, CEO

We’ve returned a total of $119.7 billion to taxpayers.

Our Transformation Timeline

2009

Assistance Programs for Struggling Homeowners

February 2009 | Assistance Programs for Struggling Homeowners

Freddie Mac launches the Making Home Affordable program to help borrowers struggling to make their mortgage payment get a loan modification and homeowners who owed more on their mortgage than their home was worth refinance. Through HAMP, HARP and other programs we’ve helped millions of homeowners stay in their homes.


June 2009 | Multifamily Risk Transfer Program

Freddie Mac Multifamily releases the first modern multifamily securitization, known as a K-Deal, which shifts a portion of the risk away from U.S. taxpayers to private investors.

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Multifamily Risk Transfer Program

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2010

Borrower Help Centers

January 2010 | Borrower Help Centers

Freddie Mac establishes on-the-ground Borrower Help Centers and national phone network with trusted non-profit intermediaries to help homeowners with Freddie Mac-owned mortgages avoid foreclosure. Today, our 14 Borrower Help Centers also work to prepare prospective homebuyers for successful homeownership.

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2012

Return to Profitability

September 2012 | Return to Profitability

Freddie Mac’s return to profitability in third quarter of 2012 allows us to pay a $1.8 billion dividend to the U.S Treasury.

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2013

Single-Family Credit Risk Transfer Program

July 2013 | Single-Family Credit Risk Transfer Program

Freddie Mac launches its Single-Family Structured Agency Credit Risk (STACR®) securitization to transfer credit risk exposure from U.S. taxpayers to private investors. We later introduced additional credit risk transfer offerings, including the Agency Credit Insurance Structure (ACIS®), our insurance-based credit risk sharing vehicle.


December 2013 | Total Payments to the U.S. Treasury Reaches Amount Borrowed

Freddie Mac’s total payments to the U.S. Treasury reach nearly $72 billion borrowed.

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Total Payments to the U.S. Treasury Reaches Amount Borrowed

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2014

First Non-Performing Loan Sale

August 2014 | First Non-Performing Loan Sale

Freddie Mac begins to actively reduce less liquid assets from its investment portfolio and completes first non-performing loan sale. We’re now considered an industry leader in innovative sales of non-performing and reperforming loans.


October 2014 | Small Balance Loan Program

Freddie Mac Multifamily launches innovative Small Balance Loan program to help small rental property owners and provide stability in the market. Since launching the program, we've financed over 350,000 rental units, helping preserve affordable housing nationwide.

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Small Balance Loan Program

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2015

LAS Offers Digital Tools for Managing Single-Family Mortgages

October 2015 | LAS Offers Digital Tools for Managing Single-Family Mortgages

Freddie Mac Single-Family introduces Loan Advisor Suite® to give lenders simpler tools, better efficiency, easier navigation, and more reliability for delivering quality loans.


December 2015 | Leading Multifamily Lender

Freddie Mac became the nation’s top multifamily financier in 2015, a distinction it has retained for four consecutive years. In 2018, we financed a record-setting $78 billion in total production, besting our prior record of $73.2 billion set in 2017.

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Leading Multifamily Lender

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2016

Single Security and Common Securitization Platform

December 2016 | Single Security and Common Securitization Platform

Freddie Mac begins using the Common Securitization Platform to perform bond administration activities for the majority of its Single-Family fixed-rate mortgage-backed securities. This important milestone paves the way for the go-live of the Single Security Initiative in June 2019, when Freddie Mac and Fannie Mae will begin issuing Uniform-Mortgage Backed Securities (UMBS), through a combined $4 trillion to-be-announced (TBA) market.

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2017

Single-Family Serious Delinquency Rate Dips Below 1%

January 2017 | Single-Family Serious Delinquency Rate Dips Below 1%

Freddie Mac's Single-Family serious delinquency rate —those homeowners more than 90 days past due or in foreclosure — dipped below 1% for the first time in nearly a decade.


May 2017 | Innovative Appraisal Alternative

Freddie Mac introduces its innovative automated collateral evaluation (ACE) that offers an automated appraisal alternative that can save borrowers an average of $500 on the cost of an appraisal and provides lenders more peace of mind when they sell the loan to Freddie Mac.


June 2017 | Multifamily $200 Billion in Risk Transfer Milestone

In reaching this milestone, Freddie Mac’s risk transfer transactions greatly reduce the company’s and the U.S. taxpayer’s exposure to risk. Freddie Mac currently securitizes about 90 percent of the Multifamily mortgages it purchases through the K- and SB-Deal programs.

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Innovative Appraisal Alternative

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Multifamily $200 Billion in Risk Transfer Milestone

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2018

Mortgage-Related Investments Portfolio Drops Below $250 Billion

February 2018 | Mortgage-Related Investments Portfolio Drops Below $250 Billion

Freddie Mac’s total mortgage-related investments portfolio drops from over $867 billion in March 2009 to $247 billion as of February 2018, below the 2018 year-end Purchase Agreement cap of $250 billion. The portfolio has further declined to $236 billion as of the end of the second quarter of 2018.


May 2018 | Historically Low Multifamily Delinquency Rate

Thanks to strong underwriting, Freddie Mac Multifamily’s delinquency rate drops to 0.01%, a historic low.


June 2018 | Single-Family $1 Trillion Credit Risk Transfer Milestone

Freddie Mac announces that we have transferred a significant portion of mortgage credit risk to private investors on more than $1 trillion of single-family mortgages. Combined, we have transferred a portion of risk on $1.6 trillion in Single-Family and Multifamily mortgages away from taxpayers.


November 2018 | $50 Billion Home Possible® Mortgage Milestone

With this milestone, we helped make homeownership a reality for more than 270,000 low- to moderate-income families.

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Historically Low Multifamily Delinquency Rate

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Single-Family $1 Trillion Credit Risk Transfer Milestone

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$50 Billion Home Possible Mortgage Milestone

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2019

Uniform Mortgage-Backed Security (UMBS) Goes Live

June 2019 | Uniform Mortgage-Backed Security (UMBS) Goes Live

Merging Freddie Mac and Fannie Mae To-Be-Announced MBS markets into a single $4 trillion market - the second largest bond market in the world.


June 2019 | K-Deals 10-Year Anniversary

Freddie Mac Multifamily celebrates 10 years of K-Deals, the first modern multifamily securitization. Since its inception in 2009, more than $300 billion in loans have been securitized. By shifting a portion of our risk to the private sector, we’re helping to build a stronger company and protect taxpayers.


July 2019 | A Better Freddie Mac, A Better Housing Finance System

Through these and other milestones Freddie Mac is helping to build a better housing finance system for the nation. A steady stream of improvements and strong business fundamentals are key drivers in this transformation.

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K-Deals 10-Year Anniversary

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A Better Freddie Mac, A Better Housing Finance System

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February 2009 | Assistance Programs for Struggling Homeowners
June 2009 | Multifamily Risk Transfer Program
January 2010 | Borrower Help Centers
September 2012 | Return to Profitability
July 2013 | Single-Family Credit Risk Transfer Program
December 2013 | Total Payments to the U.S. Treasury Reaches Amount Borrowed
August 2014 | First Non-Performing Loan Sale
October 2014 | Small Balance Loan Program
October 2015 | LAS Offers Digital Tools for Managing Single-Family Mortgages
December 2015 | Leading Multifamily Lender
December 2016 | Single Security and Common Securitization Platform
January 2017 | Single-Family Serious Delinquency Rate Dips Below 1%
May 2017 | Innovative Appraisal Alternative
June 2017 | Multifamily $200 Billion in Risk Transfer Milestone
February 2018 | Mortgage-Related Investments Portfolio Drops Below $250 Billion
May 2018 | Historically Low Multifamily Delinquency Rate
June 2018 | Single-Family $1 Trillion Credit Risk Transfer Milestone
November 2018 | $50 Billion Home Possible® Mortgage Milestone
June 2019 | Uniform Mortgage-Backed Security (UMBS) Goes Live
June 2019 | K-Deals 10-Year Anniversary
July 2019 | A Better Freddie Mac, A Better Housing Finance System

Solutions for the Market

AIM

Our asset and income modeler provides a more reliable and efficient financing experience for lenders and borrowers.

UMBS

UMBS has traded more than $18 trillion since March 2019 — the second largest bond market in the world.

LIHTC

Investing in LIHTC is a priority for us — making more affordable homes a reality for renters across the country.

A Safer, Sounder System

Through our pioneering credit risk transfer offerings, we’re creating a better housing finance system for borrowers, lenders, investors and taxpayers. Since 2009, we’ve transferred a portion of mortgage credit risk on nearly
$1.7 TRILLION
of mortages

Since our credit risk transfer program began in 2009, we’ve added new products to meet the increasing demand from over 800 investors.

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Building Small Delivers Big

We’ve helped keep nearly 300,000 rental units affordable to working families since launching our innovative Small Balance Loan program in 2014.

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Doing More for Affordable Housing

Our commitment to provide safe and affordable housing in underserved markets during all economic conditions is a mission that matters.

We're Proud to be Part of the Industry

Technology

We're focused and investing in technology that's lowering costs across the housing industry, while helping to serve more families.

Commitment

We're committed to serving the industry by building a better and more sound housing finance system.

Excellence

We're working closely with our customers to meet their needs and help them remain strong and competitive.